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SEGMENT INFORMATION (Details) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Revenue before interest income $ 5,506,000 $ 5,650,000 $ 17,402,000 $ 18,348,000
Interest income 21,000 25,000 54,000 77,000
Total revenues 5,527,000 5,675,000 17,456,000 18,425,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 1,322,000 1,257,000 4,225,000 2,858,000
Asset Impairment Charges        
Impairment of assets 599,000 0 2,276,000 0
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 259,000 305,000 (102,000) 3,984,000
Equity in income of affiliates:        
Equity in income of affiliates 0 0 1,071,000 538,000
General and administrative expenses (1,432,000) (1,328,000) (4,217,000) (5,627,000)
Foreign currency (loss) gain (61,000) 121,000 (63,000) 201,000
Interest expense 0 (1,000) (2,000) (1,000)
Interest income 21,000 25,000 54,000 77,000
Loss before income taxes (1,213,000) (878,000) (3,259,000) (828,000)
Intersegment eliminations | External Customer        
Revenues:        
Total revenues     0  
Oil and natural gas        
Revenues:        
Revenue before interest income 4,452,000 4,503,000 13,726,000 13,415,000
Total revenues 4,452,000 4,503,000 13,726,000 13,415,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 1,293,000 1,210,000 4,093,000 2,724,000
Asset Impairment Charges        
Impairment of assets 599,000 0 2,276,000 0
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 326,000 287,000 2,000 2,974,000
Contract drilling        
Revenues:        
Revenue before interest income 1,021,000 1,134,000 3,084,000 4,583,000
Total revenues 1,021,000 1,134,000 3,084,000 4,583,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 28,000 47,000 130,000 133,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) (99,000) 5,000 (694,000) 110,000
Land investment        
Revenues:        
Revenue before interest income 0 0 500,000 265,000
Total revenues 0 0 500,000 265,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 0 0 500,000 265,000
Other        
Revenues:        
Revenue before interest income 33,000 13,000 92,000 85,000
Total revenues 54,000 38,000 146,000 162,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 1,000 0 2,000 1,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 32,000 13,000 90,000 84,000
Gain on sale of asset        
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) $ 0 $ 0 $ 0 $ 551,000